Discovery Loop seeks $50 billion valuation in funding round

38 min agoPolice in Puebla state discovered a clandestine cryptocurrency farm in Central Mexico's mountains near a gravel road in the Sierra Norte region. The operation was detected due to loud mechanical noise from hundreds of specialized computing units and vast electricity consumption far exceeding the needs of small surrounding communities. This is the fourth crypto farm uncovered in the area since early last year.

1 h agoBen Delo has given Reform UK £36 million, the largest single donation ever made to a UK political party. Delo said he was front-loading the financing to bypass potential changes Labour might make to political funding rules.

2 h agoIran obtained high-resolution satellite images from Chinese entities before launching a July 17 attack on Muwaffaq Salti Air Base in Jordan that killed three U.S. troops and wounded four others, according to U.S. officials. U.S. officials connected the Chinese satellite imagery to the attack.

4 h agoDiscovery Loop, a California-based AI startup founded this year by former Google engineers including Jeff Dean, is seeking to raise funds at a $50 billion valuation. The company was in discussions last month for $1 billion in financing at a $10 billion valuation, though terms of any new deal could change and there is no guarantee it will secure funding at the higher valuation.

5 h agoSyria's civil aviation authority announced plans to reclassify Mezzeh military airport in Damascus for private and executive aviation, with rubble removal and infrastructure upgrades already underway. The redevelopment has sparked alarm among rights groups and residents over suspected mass graves and disputed land claims, as newly obtained documents show the site was used for executions under the Assad regime.

6 h agoSaudi Arabia has shut down its East-West oil pipeline following an aerial attack on the vital conduit. The closure marks an escalation in Houthi operations against shipping and infrastructure in the Red Sea region amid the widening Middle East conflict.

12 h agoA passenger train derailed on the Rouen-Caen route in Normandy with 180 people on board, leaving at least 44 injured. One person was in critical condition and evacuated by helicopter, while 130 firefighters and five medical teams responded to the scene.

13 h agoThe chipmaker is considering a major anchor investment as Anthropic prepares for what could be history's largest public offering, potentially valued near $2 trillion. The move would strengthen Nvidia's relationship with a key customer heavily dependent on its GPU technology.

14 h agoAn Iraqi military commander has been dismissed following drone attacks on Saudi Arabia's East-West Pipeline that originated from Iraqi territory. The Saudi Energy Ministry reported the pipeline was temporarily shut down with several people injured. After al-Zaidi's intervention, Saudi Arabia refrained from launching a counterattack, while Iraq weighs pursuing legal action.

14 h agoEduardo Bolsonaro, the former Brazilian president's son, plans to lobby Washington next week for sanctions against Supreme Court Justice Alexandre de Moraes. He announced the effort Friday, saying he would pursue the measures under the Global Magnitsky Act.